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Mortgage News Daily combines the expertise of some of the housing industry's leading minds with the power of social media to offer an always lively, constantly evolving web community. MND communicates breaking news, streams video, and provides expert opinion and commentary to a community of interested market professionals and curious consumers.MBS LUNCH: Modest Recovery After Hitting 5 Month Yield Highs
After hitting 5 month yield highs early in the session, rates have made a modest recovery back towards their recent range. Prices are now heading sideways in "status quo" territory. Volumes are below average.
The 10yr note is -0-14 at 96-04 yielding 3.849%.
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Illustrating the 5 month yield high...
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The FN 4.0 is -0-09 at 96-17 and the FN 4.5 is -0-05 at 99-24.
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Year end always makes me feel lazy for some reason. More to come later...I need to go back out.
BOND MARKET CLOSES AT 2PM.
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Mortgage News Daily
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Anonymous Anonymous |
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Message:
YOUR MESSAGE HERE
MBS LUNCH: Modest Recovery After Hitting 5 Month Yield Highs
After hitting 5 month yield highs early in the session, rates have made a modest recovery back towards their recent range. Prices are now heading sideways in "status quo" territory. Volumes are below average.
The 10yr note is -0-14 at 96-04 yielding 3.849%.
Illustrating the 5 month yield high...
The FN 4.0 is -0-09 at 96-17 and the FN 4.5 is -0-05 at 99-24.
Year end always makes me feel lazy for some reason. More to come later...I need to go back out.
BOND MARKET CLOSES AT 2PM.
If you would like to opt-out of receiving email forwards from this person please click here to remove your email address.